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RBA Signals More Rate Hikes On Inflation Concerns
The Reserve Bank of Australia unexpectedly raised its key interest rate for a second policy session in a row as policymakers assessed inflation as high and considered the risk of high inflationary expectations feeding into wage increases and prices. The central bank also signaled that more tightening may be required in the future to bring inflation back to the target of 2-3 percent.
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714天前
Cracker Barrel Guides Q4 Sales Growth Below Estimates; Declares Dividend - Update
While reporting financial results for the third quarter on Tuesday, Cracker Barrel Old Country Store, Inc. (CBRL) said it anticipates revenue growth of 1 to 3 percent for the fourth quarter.
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714天前
Chemours Promotes Jonathan Lock To Succeed Sameer Ralhan As CFO
Chemistry company The Chemours Co. (CC) announced Tuesday the resignation of Chief Financial Officer Sameer Ralhan, effective June 19.
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714天前
Chico's FAS Q1 Results Miss Estimates; Trims FY23 Outlook; Stock Down 8%
Fashion retailer Chico's Fas Inc. (CHS) on Tuesday reported net income for the first quarter of $39.91 million or $0.32 per share, higher than $34.93 million or $0.28 per share in the year-ago quarter.
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714天前
Hopes For Fed Pause Pull Down U.S. Dollar
The U.S. dollar weakened against other major currencies in the European session on Tuesday, as weak ISM services activity data for May boosted hopes for a pause in rate hikes at the Fed meeting next week.
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714天前
Apple Unveils Vision Pro Headset, IOS 17, 15-inch MacBook Air And More
Apple has unveiled a bunch of new products for its customers including its first spatial computer Vision Pro Headset. The tech major has also introduced iOS 17, 15-inch MacBook Air, iPadOS 17, TvOS 17 For Apple TV, WatchOS 10 For Apple Watch, New Mac Studio, Mac Pro, and M2 Ultra, among others. The Apple Vision Pro features visionOS, the world's first spatial operating system.
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714天前
Sensex, Nifty End Choppy Session Marginally Higher
Indian shares fluctuated before finishing marginally higher on Tuesday.
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714天前
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Eurozone Retail Sales Stagnate In April
Euro area retail sales remained unchanged in April after falling in the previous two months, preliminary data from Eurostat showed Tuesday. Retail sales was unchanged from March, when they fell 0.4 percent from the previous month, which was revised from a 1.2 percent decrease. Economists were looking for a 0.2 percent growth.
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714天前
European Shares Slide On Growth, Interest-rate Concerns
European stocks were flat to slightly lower on Tuesday as concerns about inflation and slowing growth weighed on sentiment.
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714天前
FTSE 100 Declines As Retail Sales Growth Slows
U.K. stocks declined on Tuesday after data from the British Retail Consortium showed British retail sales growth slowed to a seven-month low in May as a result of rising food costs.
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714天前
CAC 40 Subdued On Growth, Inflation Concerns
French stocks were subdued on Tuesday amid worries about the health of the U.S. economy.
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714天前
DAX Little Changed As Factory Orders Fall
German stocks were little changed on Tuesday as weak U.S. data released overnight rekindled growth worries.
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714天前
Asian Shares Mixed In Cautious Trade
Asian markets turned in a mixed performance on Tuesday as weak U.S. data rekindled growth worries and the Reserve Bank of Australia kept the door open to further tightening after unexpectedly raising its key interest rate.
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714天前
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